BTC/USDT 4h simple analysis in 30th/Apr

Hi, crypto traders.

BTC is in a sideways market now.

The candle couldn’t keep over 20h (red) line and went down. The negative candle also broke my target: 53,300USD.

The price bounced a little, but it seems the price continues going down.

Today, we should watch the following things.

- The candle changes to positive and will break 20h (red) line and 80h (blue) line or not
- The candle keeps under 20h (red) line and will break 240h (green) line or not

My prediction is as follows.

If BTC goes up:
1st target is 57,500USD
2nd target is 65,000USD

If BTC goes down:
1st target is 47,500USD
2nd target is 46,300USD

Enjoy your trading.


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